How should the United States treat expanding BRICS political coordination and local-currency settlement talk — as a serious long-term challenge to dollar clearing, or as a forum without a market?

Myrtle Beach, SC Correspondent — Treat the communiqué as a communiqué and the plumbing as plumbing. A dozen flags and a paragraph about local currency is not correspondent banking. The dollar's position is a stack — law that usually holds, a Treasury market that can absorb size, energy priced in a unit people trust, and … Continue reading How should the United States treat expanding BRICS political coordination and local-currency settlement talk — as a serious long-term challenge to dollar clearing, or as a forum without a market?

With the effort now folded into the personnel office and other agencies rather than operating as a standalone body, how should the work be made permanent rather than becoming another audit that gets filed?

Long Island, NY Correspondent — The vehicle was always the wrong shape for the mission, and its absorption this autumn is the proof. An entity created by executive order, staffed with temporary employees, with no statutory authority to compel anything, was going to end when attention moved. It did. If the work is to be … Continue reading With the effort now folded into the personnel office and other agencies rather than operating as a standalone body, how should the work be made permanent rather than becoming another audit that gets filed?

Did the government efficiency effort identify genuine waste and fraud in federal programs, and what has it established that a future administration cannot ignore?

Gastonia, NC Correspondent — It established something that badly needed establishing, which is that nobody in Washington could tell you where the money went. Not that it was stolen. That nobody could produce a list. The government's own auditors put improper payments at something like a hundred and sixty billion a year, and cumulatively somewhere … Continue reading Did the government efficiency effort identify genuine waste and fraud in federal programs, and what has it established that a future administration cannot ignore?

Did the political realignment produce more functional governance, or new forms of polarization?

Wheeling, WV Correspondent — Realignment can create clearer coalitions and coherent majorities. It can also rearrange the same conflict into new lines. We now have a year of evidence and it's not encouraging on the functional half. Unified control produced one large bill and then a forty-three-day shutdown, the longest ever recorded, resolved by an … Continue reading Did the political realignment produce more functional governance, or new forms of polarization?

Is the concentration of advanced AI capabilities among a small number of firms creating new forms of systemic economic and political risk?

Dayton, OH Correspondent — Training frontier models requires capital, data, and compute that few organisations command. That creates economic risk if critical capability sits with a handful of private entities, and political risk if they become gatekeepers. The capital scale is the new fact this year. The committed spending on data centres and related infrastructure … Continue reading Is the concentration of advanced AI capabilities among a small number of firms creating new forms of systemic economic and political risk?

How should policymakers respond to the persistent underperformance of many urban public school systems after years of increased spending?

Prescott Valley, AZ Correspondent — Spending rose while outcomes stayed flat or declined on key measures. Money inside the same structures hasn't closed the gaps. The recovery money from the pandemic period has now expired, and the evaluations of what it bought are mostly discouraging. Districts spent a great deal on staffing they can't sustain … Continue reading How should policymakers respond to the persistent underperformance of many urban public school systems after years of increased spending?

Should the United States maintain its current network of security commitments in Europe and the Indo-Pacific, or begin a more explicit process of prioritization?

Dayton, OH Correspondent — Commitments exceed comfortable capacity measured against simultaneous requirements in multiple theatres. The production numbers are still the argument. Artillery expansion took three years to approach the consumption rate of a single conflict, and the interceptor stocks used in the Middle East this year are on multi-year replacement schedules. Prioritisation is recognition … Continue reading Should the United States maintain its current network of security commitments in Europe and the Indo-Pacific, or begin a more explicit process of prioritization?

Will expanded domestic energy production and infrastructure investment produce visible improvements in household costs and industrial competitiveness — and how can major projects be delivered faster without simply increasing spending?

Clermont, FL Correspondent — Expanded production can reduce volatility and exposure. Infrastructure that moves energy and goods more efficiently lowers costs over time. Visible improvement isn't automatic. It depends on volume actually increasing and projects being completed rather than announced. The Florida experience is that permitting and litigation determine the timeline far more than funding … Continue reading Will expanded domestic energy production and infrastructure investment produce visible improvements in household costs and industrial competitiveness — and how can major projects be delivered faster without simply increasing spending?

How can the administrative state be made more responsive to elected officials without introducing new forms of politicization into technical decisions?

Prescott Valley, AZ Correspondent — Responsiveness requires clearer statutory direction, stronger oversight of policy priorities, and consequences for refusing to implement lawful policy. The risk is that technical judgments become subordinated to preference. The workable separation is elected control of ends with integrity in means. What makes this question unusually live is that it may … Continue reading How can the administrative state be made more responsive to elected officials without introducing new forms of politicization into technical decisions?

Is the current trajectory of federal debt and interest costs compatible with sustained economic growth and long-term geopolitical leadership?

Owatonna, MN Correspondent — Rising interest costs reduce fiscal space for investment, defence, and future emergencies. Net interest passed a trillion dollars this year and exceeds defence spending. That's not a projection anymore. Sustained growth is still possible. The trajectory makes it harder and raises the odds of an eventual adjustment that itself slows growth. … Continue reading Is the current trajectory of federal debt and interest costs compatible with sustained economic growth and long-term geopolitical leadership?